Goldman Sachs just named a new head of technology in EMEA

Goldman Sachs.REUTERS/David Gray/File PhotoLONDON — Goldman Sachs on Tuesday named a new head of technology for Europe, the Middle East, and Africa, according to a memo seen by Business Insider.

Joanne Hannaford, a partner at the bank since 2014, is taking on the role from Damian Sutcliffe. The bank announced in a separate memo that Sutcliffe is retiring after 23 years at the investment bank.

Hannaford, based in London, is part of Goldman's Technology Executive Leadership Group and Firmwide Technology Risk Committee, according to the memo from the global cohead's of Goldman's tech division John Madsen and Umesh Subramanian.

Hannaford is also closely involved in Goldman's Women in Technology Network and detailed in a recent blog post on the bank's website her various efforts to encourage women and girls to get into technology and engineering. "I've reached a stage in my career where I feel greater responsibility for developing a stronger pipeline of technical opportunities for women," she wrote.

Madsen and Subramanian thank Sutcliffe for his "exceptional contributions to the firm and the technology division" and write: "Damian has played a key role in attracting, retaining and developing the next generation of leaders."